November 2020 U.S. cutting tool consumption totaled $151.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 9.9% from October's $167.9 million and down 20% when compared with the $189.1 million reported for November 2019. With a year-to-date total of $1.7 billion, 2020 is down 22.7% when compared with November 2019.
(more)McLean, Va. (December 14, 2020) – U.S. Manufacturing Technology Orders totaled $383.8 million in October 2020, an increase of 3.7% from September 2020, and the highest dollar value since December 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. October 2020 orders decreased 1.9% from October 2019; however, this was smallest year over year difference in 2020 and a stark contrast to the 43.1% year over year decrease seen in May 2020. Total orders through October reached $3.07 billion, a decrease of 20.2% from 2019.
(more)October 2020 U.S. cutting tool consumption totaled $167.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 7.6% from September's $156.1 million and down 22.4% when compared with the $216.4 million reported for October 2019. With a year-to-date total of $1.6 billion, 2020 is down 23% when compared with October 2019.
(more)September 2020 U.S. cutting tool consumption totaled $156.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 14.7 percent from August's $136.1 million and down 20.5 percent when compared with the $196.3 million reported for September 2019. With a year-to-date total of $1.4 billion, 2020 is down 23.1 percent when compared with September 2019.
(more)McLean, Va. (November 9, 2020) – U.S. Manufacturing Technology Orders totaled $373.7 million in September 2020, an increase of 26.4% from August 2020, and the highest monthly total of the year, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. The September total decreased 3.2% from September 2019, and orders to date reached $2.32 billion, nearly a quarter lower than the 2019 YTD total.
(more)August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 0.2 percent from July's $136.3 million and down 33.5 percent when compared with the $204.7 million reported for August 2019. With a year-to-date total of $1.3 billion, 2020 is down 23.4 percent when compared with August 2019.
(more)McLean, Va. (October 12, 2020) – U.S. Manufacturing Technology Orders totaled $297.7 million in August 2020, a decrease of 11.5% from July 2020 and a 21.7% decrease from August 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. Orders to date reached $2,321.6 billion, nearly a quarter (24.3%) lower than total orders through the first eight months of 2019.
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U.S. Manufacturing Technology Orders totaled $337.5 million in July 2020, a decrease of 1.7% from June 2020 and a 13.8% decrease from July 2019, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association For Manufacturing Technology. Orders to date reached $2 billion, nearly a quarter lower than the total through July 2019.
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We at AMT realize this is affecting everyone’s life and business. As we move forward, we believe that manufacturing will bounce back stronger and more engaged than we have seen in many years. In addition, we believe that manufacturers will be laser focused on shortening the supply chain and redeveloping their supply base within the United States. (more)
The COVID-19 pandemic is wreaking havoc on markets and businesses, particularly SMEs. AMT is actively monitoring government action in Washington and around the country to share the most up-to-date information and resources with our members. Check our new website, AMTNEWS.org for daily updates.
(more)AMT's goal is to provide the programs and services that will grow members' businesses in every facet - -product innovation, market expansion, employee development - and to represent and promote members and the manufacturing technology (MT) industry to the world at large. Find out if your company is eligible for AMT membership.
At AMT, we understand that our members have two main objectives in running their businesses – increasing sales and decreasing costs! Understanding this fundamental perspective, we strive to address this need in specific ways.
- Providing access to markets in the U.S. and around the world.
- Producing industry intelligence that will position your business for success and allow you to make informed decisions.
- We bolster those core solutions with unique networking and engagement opportunities, by hosting industry events; advocating for the industry; building a Smartforce; and providing access to leading edge, and potentially disruptive, technologies.
Anywhere in the world you want to be, AMT is uniquely positioned to build sales and support your business. AMT’s Global Services range from domestic business support to full-service tech centers. We provide access to markets in the United States and around the world.
Explore a foreign market by participating in an AMT/USA pavilion or AMT oversea technical center. Utilize an AMT foreign office or visit your potential customers where the purchasing decisions are made with AMT trade missions.
Tech Trends addresses trends in manufacturing technology from three perspectives:
- Newly accepted production technologies
- Greatest needs and challenges still remaining
- Areas of interest within R&D
Standards
MTConnect is an open communication standard that provides the capability to pass data from machine tools to higher level systems for further processing using the XML-based standard.
The ANSI B11 series of American National Standards and Technical Reports deal with machine tool safety and specify requirements for both the suppliers and users of the machines.
The Metalworking Skill Standards are common skills and competencies a worker needs to perform well on the job.
Knowledge of the current and coming economic environment, as well as the manufacturing technology industry and its customers is the key to strategic planning. Gain this data and accompanying analysis from AMT's Global Forecasting & Marketing Package (GFMP).
We provide unique analysis of trends impacting your company, markets and customers.
- United States Manufacturing Technology Orders (USMTO) - The only valid benchmark for market share and the best barometer of your customers' business.
- MTInsight allows you to visualize economic trends, pinpoint market share and review potential capital investment worldwide.
- On-demand market research tailored to your company's needs
